Eynav Azaria Sells 13,242 Shares of Kaltura (NASDAQ:KLTR) Stock

Key Points

• Insider selling: Kaltura insider Eynav Azaria sold 13,242 shares on June 12 at an average price of $1.41, totaling $18,671.22. The sale was part of a pre-arranged Rule 10b5-1 plan, and Azaria’s ownership fell by 0.59%.
• Multiple recent sales: Azaria has been steadily selling Kaltura shares throughout June and early May, with several transactions ranging from hundreds to tens of thousands of shares. The repeated activity suggests ongoing insider divestment rather than a one-time trade.
• Stock and fundamentals: Kaltura shares were down 1.7% to $1.46, below both its 50-day and 200-day moving averages. The company recently reported $0.01 EPS on revenue of $44.63 million, and analysts currently have a Hold consensus with an average price target of $3.00.

Kaltura, Inc. (NASDAQ:KLTR - Get Free Report) insider Eynav Azaria sold 13,242 shares of Kaltura stock in a transaction on Friday, June 12th. The stock was sold at an average price of $1.41, for a total transaction of $18,671.22. Following the sale, the insider owned 2,215,274 shares in the company, valued at $3,123,536.34. This represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Eynav Azaria also recently made the following trade(s):

• On Thursday, June 11th, Eynav Azaria sold 4,219 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total value of $5,948.79.
• On Wednesday, June 10th, Eynav Azaria sold 8,344 shares of Kaltura stock. The stock was sold at an average price of $1.41, for a total value of $11,765.04.
• On Tuesday, June 9th, Eynav Azaria sold 6,975 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $9,834.75.
• On Monday, June 8th, Eynav Azaria sold 8,254 shares of Kaltura stock. The shares were sold at an average price of $1.41, for a total value of $11,638.14.
• On Thursday, June 4th, Eynav Azaria sold 16,218 shares of Kaltura stock. The stock was sold at an average price of $1.44, for a total value of $23,353.92.
• On Friday, June 5th, Eynav Azaria sold 2,765 shares of Kaltura stock. The stock was sold at an average price of $1.43, for a total value of $3,953.95.
• On Wednesday, June 3rd, Eynav Azaria sold 435 shares of Kaltura stock. The shares were sold at an average price of $1.49, for a total value of $648.15.
• On Tuesday, June 2nd, Eynav Azaria sold 7,412 shares of Kaltura stock. The shares were sold at an average price of $1.53, for a total value of $11,340.36.
• On Tuesday, May 5th, Eynav Azaria sold 869 shares of Kaltura stock. The stock was sold at an average price of $1.46, for a total transaction of $1,268.74.
• On Monday, May 4th, Eynav Azaria sold 17,671 shares of Kaltura stock. The stock was sold at an average price of $1.47, for a total transaction of $25,976.37.

Kaltura Trading Down 1.7%

Shares of Kaltura stock traded down $0.03 during trading on Tuesday, reaching $1.46. The company's stock had a trading volume of 238,529 shares, compared to its average volume of 544,639. The company has a 50-day moving average price of $1.36 and a two-hundred day moving average price of $1.44. Kaltura, Inc. has a fifty-two week low of $1.06 and a fifty-two week high of $2.13. The firm has a market cap of $218.80 million, a PE ratio of -14.55 and a beta of 1.14.

Kaltura (NASDAQ:KLTR - Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.01 EPS for the quarter. Kaltura had a negative net margin of 8.25% and a negative return on equity of 35.91%. The company had revenue of $44.63 million for the quarter, compared to analyst estimates of $43.00 million.

Analyst Ratings Changes

A number of equities analysts have commented on KLTR shares. Wall Street Zen downgraded shares of Kaltura from a "buy" rating to a "hold" rating in a research report on Saturday, March 21st. Needham & Company LLC reaffirmed a "buy" rating and issued a $3.00 target price on shares of Kaltura in a report on Wednesday, May 13th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $3.00.

Hedge Funds Weigh In On Kaltura

A number of institutional investors and hedge funds have recently made changes to their positions in KLTR. Cubist Systematic Strategies LLC lifted its stake in shares of Kaltura by 69.6% in the first quarter. Cubist Systematic Strategies LLC now owns 61,772 shares of the company's stock valued at $116,000 after purchasing an additional 25,352 shares during the period. AQR Capital Management LLC lifted its position in shares of Kaltura by 99.7% during the 1st quarter. AQR Capital Management LLC now owns 50,234 shares of the company's stock valued at $94,000 after acquiring an additional 25,083 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Kaltura during the 1st quarter valued at approximately $128,000. Jane Street Group LLC purchased a new stake in shares of Kaltura during the 1st quarter worth approximately $90,000. Finally, Rhumbline Advisers grew its holdings in shares of Kaltura by 10.7% in the 1st quarter. Rhumbline Advisers now owns 80,304 shares of the company's stock worth $151,000 after acquiring an additional 7,760 shares during the period. 30.79% of the stock is owned by institutional investors and hedge funds.

About Kaltura

Kaltura, Inc NASDAQ: KLTR is a leading provider of video technology solutions designed to empower organizations to create, manage, distribute and monetize video content at scale. The company's cloud-native platform supports an array of use cases including enterprise communications, online learning, virtual events, media delivery and over-the-top (OTT) television services. By combining open-source roots with software-as-a-service (SaaS) flexibility, Kaltura offers organizations the ability to tailor their video workflows and integrate seamlessly with existing collaboration, learning management and content management systems.

Key offerings from Kaltura include a comprehensive video management system, live streaming and video conferencing capabilities, lecture capture for educational institutions, virtual events and webinars, and turnkey OTT solutions.

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